September 25, 2018 @ 9:00 am By Samantha Hurst  |  

The investment crowdfunding industry in the United States was launched following the signing of the JOBS Act of 2012. This bi-partisan legislation enabled online platforms to promote securities offerings in private firms in need of growth capital. This regulatory change heralded a new era of… Read More

September 24, 2018 @ 3:39 pm By Samantha Hurst  |  

Orca Money, a UK-based P2P investment aggregation platform, has successfully secured its initial £500,000 funding target just days after launching its equity crowdfunding campaign on Seedrs. Founded in 2015, Orca Money stated it serves two functions, which are its investment solution that enables investors to diversify capital… Read More

September 24, 2018 @ 3:25 pm By Samantha Hurst  |  

Just a little over a year after securing more than £500,000 through its first Crowdcube campaign, UK-based real estate agency Doorsteps has returned the equity crowdfunding platform and has already surpassed its initial £400,000 and now nearing £585,000 thanks to more than 150 investors. As… Read More

September 24, 2018 @ 3:13 pm By Samantha Hurst  |  

Bitmain Technologies, a China-based consumer-grade ASIC miner, announced last week the launch of its ASIC chip BM1391 for mining cryptocurrencies using the SHA256 algorithm. According to Bitmain, the  ASIC SHA256 algorithm acceleration chip integrates more than a billion transistors and is optimized for maximum efficiency. It… Read More

September 24, 2018 @ 2:04 pm By Samantha Hurst  |  

Last week, crypto exchange Binance reportedly listed the Paxos Standard Token under the ticker symbol PAX. Paxo revealed that it issues and redeems PAX tokens one-to-one against U.S. dollars, giving holders a digital equivalent of the dollar that can be moved nearly instantly. Paxos Standard is… Read More

September 24, 2018 @ 12:12 pm By Samantha Hurst  |  

Bread, a U.S.-based marketing technology company that builds customizable financing solutions for brands and retailers, recently announced secured $60 million through its latest equity financing round, which was led by Kinnevik with participation from the company’s existing investors Bessemer Venture Partners, Menlo Ventures, RRE Ventures,… Read More

September 24, 2018 @ 11:52 am By Samantha Hurst  |  

Ireland’s Minister for Finance and Public Expenditure and Reform, Paschal Donohoe T.D., and the SFI Research Centre ADAPT,  announced last week the launch of a new fintech research programme, FinTech Fusion. According to the duo, FinTech Fusion will encourage breakthroughs in payment (PayTech), regulation (RegTech)… Read More

September 24, 2018 @ 11:08 am By Samantha Hurst  |  

UK-based challenger bank Monzo announced on Monday that 1 million people are now using its services. Founded in 2015, Monzo is building a new kind of bank, which will live on smartphone and are built for the way the user lives today.  “We’re doing things… Read More

September 24, 2018 @ 9:09 am By Samantha Hurst  |  

Just a couple of weeks after making its debut on equity crowdfunding platform Crowdcube, BrewDog’s Equity for Punks V campaign has successfully secured its initial £22 million funding target from more than 1,000 investors. As previously reported, BrewDog was established in 2007 by James Watt and Martin Dickie…. Read More

September 24, 2018 @ 4:55 am By Samantha Hurst  |  

Blockchain FinTech company, Blackmoon, recently announced the launch of its Prime Meridian Capital token, BMxPMR, which the company states aims to bridge the gap between traditional and crypto investments through the inclusion of high portfolio transparency, flexible monthly liquidity, and audited fund structure. According to… Read More

September 20, 2018 @ 1:00 pm By Samantha Hurst  |  

UK-based fintech Humaniq announced on Thursday it has launched the Humaniq App with full functionality, both wallet and crypto emissions, in an additional 24 countries. According to Humaniq,  the launch, which is from Asia to Latin America, takes the total list of nations Humaniq App operates… Read More

September 20, 2018 @ 10:00 am By Samantha Hurst  |  

PrimaryBid, a UK-based online platform that enables retail investors to gain access to discounted equity offerings of publicly listed companies, announced on Thursday it completed a £2 million investment round led by funds managed by Lombard Odier, family offices and a series of angel investors. The… Read More

September 20, 2018 @ 7:06 am By Samantha Hurst  |  

Plug and Play announced earlier this week the first batch of startups selected for its multi-corporate Fintech and Insurtech program in Singapore. The accelerator reported it screened over more than applicants for the program. While sharing more details, Kayvon Deldar, Program Head of Plug and Play… Read More

September 19, 2018 @ 8:45 am By Samantha Hurst  |  

KPMG announced on Tuesday it has teamed up with data collaboration company Workiva to help organizations transform and integrate their risk management, regulatory and financial reporting and compliance processes by using the Workiva Wdesk platform. Through Wdesk, users are able to improve productivity and accountability in… Read More

September 19, 2018 @ 8:20 am By Samantha Hurst  |  

Sageworks, a U.S. fintech that offers lending, credit risk, and portfolio risk solutions to banks and credit unions, announced on Tuesday the launch of its Sageworks Loan Automation tool to help financial institutions increase the speed and ease of their lending processes. According to Sageworks, the Sageworks Loan… Read More

September 18, 2018 @ 9:36 am By Samantha Hurst  |  

Just days before its latest Seedrs funding round is set to close, Crowdstacker, a UK-based peer-to-peer lending platform, has successfully secured its initial 800,000 funding target from nearly 350 investors. As previously reported, Crowdstacker was founded in 2014 and describes itself as an award-winning FCA regulated online… Read More

September 18, 2018 @ 9:11 am By Samantha Hurst  |  

Just one week after opening its equity crowdfunding campaign on Crowdcube to private investors, luxury travel business, Mr & Mrs Smith, has not only surpassed its £1 million funding target, it has secured £3.7 million from more than 1,000 investors. The funding round has also… Read More

September 18, 2018 @ 8:06 am By Samantha Hurst  |  

Australia-based marketplace lender SocietyOne announced on Tuesday it has reached $500 million in loan originations across its personal loan, agri lending, and marketplace business, and is now setting its sights on reaching $1 billion by the end of 2019. The news comes less than a month after… Read More

September 17, 2018 @ 9:24 pm By Samantha Hurst  |  

Plug and Play and Abu Dhabi Global Market (ADGM) announced BNP Paribas, Boubyan Bank, Finablr Group, First Abu Dhabi Bank (FAB), and Riyad Bank have been selected to be the first five corporate partners to join the Plug and Play ADGM Fintech Innovation Platform based… Read More

September 17, 2018 @ 3:00 pm By Samantha Hurst  |  

BitMovio, a U.S.-based blockchain-enabled video entertainment marketplace, announced last week it completed a $600,000 pre-seed round of equity funding with participation from Silicon Valley-based IMO Ventures, Basis Set Ventures, and BlockCentury, and Boston-based NorthBay Solutions, the Play Labs Fund, and Seraph Investments. Founded earlier this year by… Read More